You are viewing the content for Monday 26 August 2013

BUSINESS

Budget surplus possible for Greece

Greece can achieve a primary budget surplus this year — and growth in 2014 — if it sticks to economic reforms, but a return to bond markets will be challenging, European Central Bank executive board member Joerg Asmussen said in a newspaper interview yesterday.

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Writedown in hotel investment

The Dublin construction group that owns a 34.9% share in Liam Griffin's hotel group wrote down its investment by 93% last year, "in light of prevailing market conditions".

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Risks of withdrawing global equity debated

Global financial stability is at risk as central banks draw back from ultra-easy policies that have flooded the world with cash, because emerging markets lack defences to prevent potentially huge capital outflows, top officials have been warned.

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Vayu achieves 100% renewable energy

Vayu has become the first Irish energy provider to supply electricity to customers entirely from renewable sources.

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Microsoft boss oversaw 'a lost decade'

So now we know that Microsoft's CEO, Steve Ballmer, plans to retire within the next year.

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AGRI BUSINESS

Tough shoes to fill but Roux is right person for job

The selection of Frenchman Cyril Roux as financial regulator and deputy Central Bank governor in succession to Matthew Elderfield has caught a few people on the hop, although the appointment has received a broad, if cautious, welcome.

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CAP reform must reward active farmers

The last number of months has been extremely busy from an IFA perspective, with CAP reform dominating the work agenda.

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Craft beers brewing up a storm

THE craft beer industry in Ireland is thriving in a time of national recession.

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European group seeks to put family farm back in spotlight

Family farming is the backbone of rural economies, according to Copa-Cogeca.

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Food companies sign €400,000 deal

Food and support services company, Compass Group Ireland, has signed a deal with Hodgins Foods in Mitchelstown, Co Cork, to provide sausages and black pudding products to its units countrywide.

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